Gold $XAU Technical Analysis and Price forecast.
Gold sustain bearish momentum.
$XAU plunge as the geo political tension escalate in middle east, Gold took almost 2.75% correction yesterday. At the time of writing this on Wednesday Gold is trading near $4,310. XAU is consolidating above the 78% of Fib level.
A small pullback from the current price is expected today, however the current trend is still bearish in Gold, if Gold will make a day close above $4,335 then it can extend the pump towar...